BitStay

Bitcoin Bear Fractal

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COINBASE:BTCUSD   Bitcoin
Bitcoin Analysis

-We can observe how the price is in a perfect regression channel which points to that we will continue to lower until touching its low line support.

-We have 3 transverse supports which 2 have been broken leaving only 1 near the area of $ 2000, which is possible that we are going to test because of the triangular fractality that is presenting Bitcoin.

-Triangle of trend tracking. Be careful with your Longs while we are in this figure of laterality.

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